Name the broad categories of transactions recorded in the 'Capital account' of the Balance of Payments Accounts.
CBSE DELHI - SET 2 2015
Download our app for free and get started
Borrowings from and to abroad.
Investments from and to abroad.
Decreases and increases in foreign exchange reserves.
Download our app
and get started for free
Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*
Visits to foreign countries for sightseeing etc. by the people of India is on the rise. What will be its likely impact on foreign exchange rate and how?
Distinguish between the nominal exchange rate and the real exchange rate. If you were to decide whether to buy domestic goods or foreign goods, which rate would be more relevant? Explain.